The European Commission opened an investigation into Gazprom earlier this month, charging that the Russian energy conglomerate had prevented the free flow of gas between European Union members and had improperly linked the price of gas to oil. In an email interview, Pami Aalto, Jean Monnet professor at the University of Tampere, and Kim Talus, professor of European law at the University of Eastern Finland, discussed the EU’s investigation into Gazprom. WPR: What is the background of the current EU antitrust investigation into Gazprom? Pami Aalto and Kim Talus: The current antitrust investigation ensues from a 2007 energy sector inquiry […]
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One hot day last July, India — one of the world’s largest, fastest-growing economies — suddenly and unexpectedly ground to a halt. Unable to handle soaring electricity demand, much of the country’s electrical grid collapsed, leaving more than 600 million people without power. Observers abroad reacted in disbelief. At home, exasperated residents responded in a manner that tells us much about what electrical service has come to signify in emerging economies. A common joke asked, What do you call a power failure in Delhi? Answer: Prime Minister Manmohan Singh. In other words, an electrical failure is a power failure — […]
As Turkey’s once-hailed approach to foreign policy flounders in the Middle East, the spirit of “zero problems” continues to consolidate gains in other neighboring areas, notably the Caucasus. Georgia, though lacking many of the national bonds that mortar Turkish ties with Azerbaijan, has become a particular beneficiary of Turkey’s Caucasus strategy. For Turkey, Georgia is a fundamental part of its regional energy strategy and an important buffer between it and historical rival Russia. For Georgia, Turkey is a trade partner, a window to the Euro-Atlantic and a powerful regional advocate. Over the past decade, Turkish Foreign Minister Ahmet Davutoglu’s “zero […]
Despite its relatively small size, Azerbaijan has frequently been the focus of foreign attention since it gained independence after the collapse of the Soviet Union. This is in large part due to Azerbaijan’s sizable energy resources and pivotal location, which provides the only viable pipeline route for Caspian Basin oil and gas to reach the West without passing through Russia or Iran. Azerbaijan’s leaders have tried to exploit these geopolitical assets to help manage the challenges presented by the country’s volatile neighborhood, which include a number of disputes over Caspian energy reserves, heavy interference by outside powers and the potential […]
Egypt’s petroleum minister announced last week that British Gas plans to invest $3 billion to $5 billion in development projects in Egypt. In an email interview, Gawdat Bahgat, a professor of national security affairs at the National Defense University’s Near East South Asia Center for Strategic Study, discussed the state of Egypt’s oil and gas industry. WPR: Where have the events of the past two years left Egypt’s oil and gas industry? Gawdat Bahgat: Unlike its North African neighbors Libya and Algeria, Egypt has never been a major oil producing and exporting country. It is not a member of OPEC […]
Australia recently signed a deal with the United Arab Emirates to provide uranium for the Persian Gulf country’s planned nuclear power plants. In an email interview, Fethi Mansouri, the director of the Center for Citizenship and Globalization at Deakin University, Australia, and the author of “Australia and the Middle East: a Frontline Relationship,” discussed Australia-Middle East relations. WPR: What is the recent history of Australia’s diplomatic and trade relations with the Middle East? Fethi Mansouri: Australia’s interest in and relationship with the Middle East was initially shaped by its early involvement in the imperial defense system led by Britain, which […]
Last month, the Center for Strategic and International Studies released the report of a bipartisan study group co-chaired by Richard Armitage and Joseph Nye on improving the U.S.-Japan relationship. The report, titled “U.S.-Japan Alliance: Anchoring Stability in Asia,” received little media attention, and some of its suggestions seem impractical, at least for now. However, its findings deserve consideration by policy analysts interested in strengthening the most enduring U.S. alliance in Asia at a time when Washington is seeking to reinforce its interests in that region. Although the report finds flaws with various U.S. policies, most of its concern is directed […]